The S-1 is live. SpaceX wants in on the public market, and the stakes are absurd. Not just rocketry. Everything else.
Risk factors? They span thirty-six pages.
The ambition behind those warnings is staggering. A total addressable market of $28 trillion. That isn’t a niche. It’s the planet. Pay packages hinge on setting up a Mars colony. The valuation goal? Top spot in American IPO history.
Can any of this math actually work?
Equity podcast hosts Kirsten Korosec and Anthony Ha sit down with Sean O’Kane to dig in. They dissect what the filing says. They highlight what’s missing. More importantly, they try to see if the numbers touch the ground or just float.
Other tech news gets a look, too. Nano Claw rejected a $20M buyout offer. Instead, they raised $12M in seed funding for their secure hardware. Anthropic swallowed up the SDK startup Stainless for $300 million.
Then Google hit the I/O stage. Search as we knew it is about to change.
